A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53497 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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Aave and Yearn Finance community members are engaged in a war of words over Twitter after a $130 million hack of Cream Finance.
Aave and Yearn Finance community members are engaged in a war of words over Twitter after a $130 million hack of Cream Finance.
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>"DeFi lending protocol Cream Finance has suffered another flash loan-based attack, this time losing more than $130 million to an _...Read More_
>"DeFi lending protocol Cream Finance has suffered another flash loan-based attack, this time losing more than $130 million to an _...Read More_
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>"Cream Finance, a DeFi lending protocol, has been hacked for over $130 million—marking the third hack suffered by the protocol."
>"Cream Finance, a DeFi lending protocol, has been hacked for over $130 million—marking the third hack suffered by the protocol."
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>"DeFi lending protocol CREAM Finance has been exploited for over $100M, according to data compiled by security firm Peckshield."
>"DeFi lending protocol CREAM Finance has been exploited for over $100M, according to data compiled by security firm Peckshield."
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Cream Finance says the platform lost 418,311,571 AMP, currently valued at $22.1 million, and 1,308 ETH, currently valued at $4.42 million, on Tuesday “by way of reentrancy on the AMP token contract.” At the time of the hack, the crypto was _...Read More_
Cream Finance says the platform lost 418,311,571 AMP, currently valued at $22.1 million, and 1,308 ETH, currently valued at $4.42 million, on Tuesday “by way of reentrancy on the AMP token contract.” At the time of the hack, the crypto was _...Read More_
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"Hackers are estimated to have stolen more than $29 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform that _...Read More_
"Hackers are estimated to have stolen more than $29 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform that _...Read More_
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DeFi Project Cream Finance Involved in $25M Flash Loan Exploit
DeFi Project Cream Finance Involved in $25M Flash Loan Exploit
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>"The latest decentralized finance (DeFi) platform to take advantage of scaling its lending and borrowing protocol to Layer 2 is Cream Finance."
>"The latest decentralized finance (DeFi) platform to take advantage of scaling its lending and borrowing protocol to Layer 2 is Cream Finance."
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"Flash loans don't care about barriers between protocols and assets — so why should we, asks C.R.E.A.M.'s Leo Cheng."
"Flash loans don't care about barriers between protocols and assets — so why should we, asks C.R.E.A.M.'s Leo Cheng."
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"DeFi lending protocol C.R.E.A.M. Finance is launching a protocol-to-protocol flash loan product through its Iron Bank, with the aim to increase capital efficiency _...Read More_
"DeFi lending protocol C.R.E.A.M. Finance is launching a protocol-to-protocol flash loan product through its Iron Bank, with the aim to increase capital efficiency _...Read More_
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"Decentralized finance (DeFi) applications Cream Finance and PancakeSwap have reported “DNS hijacks” of their platforms."
"Decentralized finance (DeFi) applications Cream Finance and PancakeSwap have reported “DNS hijacks” of their platforms."
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>"The exploiter used a fake contract to trick the dapp into thinking it was an Aave v2 update."
>"The exploiter used a fake contract to trick the dapp into thinking it was an Aave v2 update."
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>"Hackers made off with a $37.5 million haul in the latest exploit using flash loans to target decentralized finance protocols."
>"Hackers made off with a $37.5 million haul in the latest exploit using flash loans to target decentralized finance protocols."